InnovAge Holding Corp., an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through PACE (Program of All-Inclusive Care for the Elderly), has appointed Michael Scarbrough as its new President and Chief Operating Officer and Maria Lozzano as President of Pharmacy Services, effective November 4.
Mr. Scarborough joins InnovAge’s leadership team as Christine Bent steps down from the role of COO to explore her new career opportunities. Scarbrough will additionally assume the role of President as the Company separates the positions of President and CEO to enable better execution of strategic priorities.
The InnovAge team has extended its gratitude to Ms. Bent for her service and numerous contributions to the Company, which have helped drive a more scalable infrastructure and positive participant experience.
The CEO, Patrick Blair, stated, “Michael [Scarbrough]’s operational background and deep experience in healthcare is a great fit for InnovAge as we continue to evolve our business and to serve more seniors.”
He added: “Michael brings more than 30 years of healthcare experience at both established and scaling businesses, including executive operational leadership, payor and provider network development, and government programs expertise.
Michael has worked with numerous states in the last 15 years as they transitioned various Medicaid populations into new care delivery models that expanded participant choice, improved quality, lowered costs, and increased patient satisfaction.”
About Michael Scarbrough
Mr. Scarbrough brings decades of healthcare experience to InnovAge, including as Chief Executive Officer of Optum at Home, a division of Optum Health responsible for services to 800,000 Medicare Advantage D-SNP members.
Before his work at Optum at Home, Scarbrough was a co-founder and served as the President and COO of Prospero Health, serving over 50,000 patients. Prospero was created to provide home-based primary, urgent, and palliative care services and was sold to Optum in 2022.
Earlier in his career, Scarbrough was SVP of Medicaid Development & specialty at Anthem, SVP of Health Care Delivery Systems at Amerigroup, and the COO of Amerigroup Tennessee.
About Maria Lozzano
In addition, Ms. Lozzano is being promoted to President of Pharmacy Services and will report to the CEO. She most recently served as the Company’s Senior Vice President and Chief Business Development Operations Officer, where she supported existing center performance improvement and new center market expansions.
Ms. Lozzano joined InnovAge from the VNA of California, where she served as Chief Operating Officer. Before that role, she worked as Vice President of Operations at Premier Infusion Care, a provider specializing in home infusion and specialty pharmacy services.
Patrick Blair, CEO, said, “Maria has been a steady and strong contributor to the company for nearly eight years.”
He added: “I know the impact Maria can have on business performance, and I have tremendous trust in her ability to lead our efforts to define a more effective pharmacy operating model that leads to a better participant experience and greater cost effectiveness.”
About InnovAge
InnovAge is a market leader in managing the care of high-cost, dual-eligible seniors through the PACE program (Program of All-inclusive Care for the Elderly). To enable older adults to age independently in their own homes for as long as they safely can, InnovAge’s patient-centered model of care is designed to improve the quality of care for participants while reducing over-utilization of high-cost care settings.
InnovAge believes its PACE healthcare model is one in which all constituencies – including its participants, their families, providers, and government payors – “win.”
As of June 30, 2024, InnovAge served approximately 7,020 participants across 20 centers in six states.
More information about InnovAge can be found at www.innovage.com.
